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RESEARCH REPORT JAN – 2018<br />
GLOBAL GLUCOSE MONITORING DEVICE MARKET<br />
BY DEVICE TYPE, APPLICATION, SIZE, SHARE, GROWTH, TRENDS AND<br />
FORECASTS 2016-2021
Global Glucose monitoring device Market<br />
The <strong>glucose</strong> monitoring device market is very fast growing market and expected to reach<br />
$2.3 billion by 2021 from 1.72 billion in 2016 at a CAGR of 6.24% from 2016-2021.<br />
Glucose monitoring devices are used to detect the level of sugar in our blood and are of<br />
several kinds which includes <strong>glucose</strong> meter, testing strips and lancets. The device offers<br />
the facility of self-testing by using the single <strong>glucose</strong> meter and different strips. The<br />
usage of these devices consumes less time, as compared to the <strong>glucose</strong> testing by<br />
customary methods in laboratories.<br />
These devices can be handled easily are potable so convenient to carry, these devices<br />
allow the test to be performed by the patient as per their convenience at their home,<br />
which makes them popular. It offers the services of monitoring <strong>glucose</strong> level in our blood<br />
as it tests quantitatively. The <strong>glucose</strong> monitoring strip devices dominate the market with<br />
xx% share and also has the highest growth rate.<br />
The increase in number of diabetes patients is one of the key drivers, supporting the<br />
growth of the global SMBG devices market. The increasing prevalence of diabetes<br />
cases are due to unhealthy lifestyle, poor diet, excess alcohol consumption, and lack of<br />
physical activity. Also the healthcare expenditure is increasing which leads to increase in<br />
spending on self-monitoring blood <strong>glucose</strong> devices. However, this market faces certain<br />
loss due to some manufacturing defect or error in results. In addition, the accessibility of<br />
Continuous Glucose Monitors (CGM) also hinders the growth of the market.<br />
This market can be broadly segmented into continuous wearable devices (Sensors,<br />
Transmitters and Activators) and self-monitoring devices (Blood Glucose Meters, Blood<br />
Glucose Strips, Lancets, and Haemoglobin A1C testing Kits). Based on Application they<br />
can be divided into hospitals, clinics and diagnostic centers, home setting and<br />
ambulatory settings. The continuous <strong>glucose</strong> monitoring results help patients regulate<br />
their food intake, exercise, and medications. The device contains sensors for checking<br />
<strong>glucose</strong> level from the interstitial fluid. The sensor has a time span where it can be used<br />
at one place and then needs to be replaced. This device monitors the <strong>glucose</strong> levels<br />
over time, allowing the patients to identify low and high sugar levels which are more<br />
dangerous. Whereas for the self-monitoring devices people have to test and it monitors<br />
the level at that particular time and not before that.<br />
The market has also been geologically divided into North America, Europe, Asia-Pacific,<br />
Latin America and Middle-east & Africa. US occupies the largest consumer base in the<br />
world and Asia pacific has become the fastest growing market in 2014. In many evolving<br />
markets, such as China & India, the governmental funding for health care & health<br />
insurance is improving and becoming more prevalent.<br />
The major companies dominating this market for its products, services, and continuous<br />
product developments are Roche Diagnostics, LifeScan, Bayer Health care, Abbott<br />
Diabetes care Inc, AgaMatrix Inc, Arkray Inc, Medtronic, DexCom Inc, Nova Biomedical<br />
Corporation and Terumo Europe NV.<br />
TABLE OF CONTENTS<br />
1. Introduction<br />
1.1 Market Definition<br />
1.2 Study Deliverables<br />
1.3 Base Currency, Base Year and Forecast Periods<br />
1.4 General Study Assumptions<br />
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Global Glucose monitoring device Market<br />
2. Research Methodology<br />
2.1 Introduction<br />
2.2 Research Phases<br />
2.2.1 Secondary Research<br />
2.2.2 Primary Research<br />
2.2.3 Econometric Modelling<br />
2.2.4 Expert Validation<br />
2.3 Analysis Design<br />
2.4 Study Timeline<br />
3. Overview<br />
3.1 Executive Summary<br />
3.2 Key Inferences<br />
3.3 New Developments<br />
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)<br />
4.1 Market Drivers<br />
4.2 Market Restraints<br />
4.3 Key Challenges<br />
4.4 Current Opportunities in the Market<br />
5. Market Segmentation<br />
5.1 By Device Type<br />
5.1.1 Continuous Wearable Devices<br />
5.1.2 Self-Monitoring Devices<br />
5.2 By Application<br />
5.2.1 Hospitals<br />
5.2.2 Clinics and Diagnostic Centers<br />
5.2.3 Home Setting<br />
5.2.4 Ambulatory Settings<br />
6. Geographical Analysis<br />
6.1 North America<br />
6.1.1 Introduction<br />
6.1.2 United States<br />
6.1.3 Canada<br />
6.2 Europe<br />
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Global Glucose monitoring device Market<br />
6.2.1 Introduction<br />
6.2.2 U.K<br />
6.2.3 Spain<br />
6.2.4 Germany<br />
6.2.5 Italy<br />
6.2.6 France<br />
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6.3 Asia-Pacific<br />
6.3.1 Introduction<br />
6.3.2 China<br />
6.3.3 India<br />
6.3.4 Japan<br />
6.3.5 South Korea<br />
6.3.6 Australia<br />
6.4 Latin America<br />
6.4.1 Introduction<br />
6.4.2 Brazil<br />
6.4.3 Mexico<br />
6.4.4 Argentina<br />
6.4.5 Rest of Latin America<br />
6.5 Middle East & Africa<br />
6.5.1 Introduction<br />
6.5.2 Middle-East<br />
6.5.3 Africa<br />
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7. Strategic Analysis<br />
7.1 PESTLE analysis<br />
7.1.1 Political<br />
7.1.2 Economic<br />
7.1.3 Social<br />
7.1.4 Technological<br />
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Global Glucose monitoring device Market<br />
7.1.5 Legal<br />
7.1.6 Environmental<br />
7.2 Porter’s Five analysis<br />
7.2.1 Bargaining Power of Suppliers<br />
7.2.2 Bargaining Power of Consumers<br />
7.2.3 Threat of New Entrants<br />
7.2.4 Threat of Substitute Products and Services<br />
7.2.5 Competitive Rivalry within the Industry<br />
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8. Market Leaders' Analysis<br />
8.1 Roche Diagnostics<br />
8.2 LifeScan<br />
8.1.1 Overview<br />
8.1.2 Product Analysis<br />
8.1.3 Strategic Evaluation and Operations<br />
8.1.4 Financial analysis<br />
8.1.5 Legal issues<br />
8.1.6 Recent Developments<br />
8.1.7 SWOT analysis<br />
8.1.8 Analyst View<br />
8.3 Bayer Health care<br />
8.4 Abbott Diabetes care Inc<br />
8.5 AgaMatrix Inc<br />
8.6 Arkray Inc<br />
8.7 Medtronic<br />
8.8 DexCom Inc<br />
8.9 Nova Biomedical Corporation<br />
8.10 Teruma Europe NV<br />
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9. Competitive Landscape<br />
9.1 Market share analysis<br />
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Global Glucose monitoring device Market<br />
9.2 Merger and Acquisition Analysis<br />
9.3 Agreements, collaborations and Joint Ventures<br />
9.4 New Product Launches<br />
10. Expert Opinions<br />
10.1 Market Outlook<br />
10.2 Investment Opportunities<br />
Appendix<br />
a) List of Tables<br />
b) List of Figures<br />
Check out other related reports in Healthcare Segment<br />
Glucose monitoring device market: https://www.marketdataforecast.com/market-reports/global<strong>glucose</strong>-monitoring-device-market-619/<br />
North America Glucose monitoring device market<br />
https://www.marketdataforecast.com/market-reports/north-america-<strong>glucose</strong>-monitoringdevice-market-620/<br />
Europe Glucose monitoring device Market https://www.marketdataforecast.com/marketreports/europe-<strong>glucose</strong>-monitoring-device-market-621/<br />
Asia pacific Glucose monitoring device Market https://www.marketdataforecast.com/marketreports/asia-pacific-<strong>glucose</strong>-monitoring-device-market-622/<br />
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Global Glucose monitoring device Market<br />
SCOPE OF THE REPORT<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Regional and country-level analysis and forecasts of the study market; providing<br />
Insights on the major countries/regions in which this industry is blooming and to also<br />
identify the regions that are still untapped<br />
Segment-level analysis in terms of technology, component, and type along with<br />
market size forecasts and estimations to detect key areas of industry growth in detail<br />
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the<br />
market and their impact on shifting market dynamics<br />
Study of the effect of exogenous and endogenous factors that affect the global<br />
market; which includes broadly demographic, economics, and political, among other<br />
macro-environmental factors presented in an extensive PESTLE Analysis<br />
Study the micro environment factors that determine the overall profitability of an<br />
Industry, using Porter’s five forces analysis for analyzing the level of competition<br />
and business strategy development<br />
A comprehensive list of key market players along with their product portfolio,<br />
current strategic interests, key financial information, legal issues, SWOT analysis and<br />
analyst overview to study and sustain the market environment<br />
Competitive landscape analysis listing out the mergers, acquisitions, collaborations<br />
in the field along with new product launches, comparative financial studies and<br />
recent developments in the market by the major companies<br />
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Global Glucose monitoring device Market<br />
<br />
<br />
An executive summary, abridging the entire report in such a way that decisionmaking<br />
personnel can rapidly become acquainted with background information,<br />
concise analysis and main conclusions<br />
Expertly devised analyst overview along with Investment opportunities to provide<br />
both individuals and organizations a strong financial foothold in the market<br />
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